The Perfumes & Cosmetics business group achieved organic revenue growth of 5% in the first nine months of 2024, driven by its powerful innovation strategy and highly selective distribution policy. Parfums Christian Dior achieved an excellent performance. Sauvage continued to achieve solid growth, consolidating its position as the world’s leading fragrance, while Rihanna became the new face of iconic women’s perfume J’adore. The new Miss Dior Parfum edition was a major success. Makeup and premium skincare also contributed to the Maison’s strong performance. Guerlain enjoyed solid momentum in fragrances, driven in particular by its exceptional L’Art & La Matière collection and the addition of its new Florabloom scent to the Aqua Allegoria line. Givenchy continued to see growth, driven by its new L’Interdit Absolu fragrance. Fenty Beauty launched a new range of haircare products and expanded its retail presence in China.

The Watches & Jewelry business group saw a slight decline on an organic basis in the first nine months of 2024. Tiffany & Co. continued to showcase its iconic lines through its global “With Love, Since 1837” campaign. The new Tiffany Titan by Pharrell Williams collection was exceptionally well received, while the Maison celebrated the 50th anniversary of the first pieces designed by Elsa Peretti. It continued to successfully roll out its new store concept in its main markets. Bulgari celebrated its 140th anniversary with Zendaya, Anne Hathaway and Yifei, who starred in the “Eternally Reborn” brand campaign. This celebration included the launch of a new jewelry collection, Bulgari Tubogas, inspired by the 1940s icon, reinterpreted in a bold, timeless yellow gold edition. Chaumet enjoyed high visibility during the summer with the awarding of the medals for the Paris 2024 Olympic and Paralympic Games, created by its design studio.
The announcement of LVMH’s 10-year global partnership with Formula 1 was a major highlight, in which several of the Group’s iconic Maisons – in particular Louis Vuitton, Mo?t Hennessy and TAG Heuer – will be involved starting in 2025.

In Selective Retailing, organic revenue growth was 6% in the first nine months of 2024. Sephora performed remarkably well and continued to gain market share in North America, Europe and the Middle East. DFS saw business activity remain below its 2019 pre-Covid level, with marked differences in tourist traffic between its various destinations. Le Bon Marché continued to achieve growth, driven by the department store’s differentiation strategy, with its continuously renewed selection of products and services and unique slate of events.

OUTLOOK

In an uncertain economic and geopolitical environment, the Christian Dior group remains confident and will maintain a strategy focused on continuously enhancing the desirability of its brands, drawing on the authenticity and quality of its products, excellence in distribution and agile organization.
The Group will draw on its powerful brands and the talent of its teams to reinforce its global leadership position in luxury goods once again in 2024.

Apart from the information mentioned in this press release, during the quarter and to date, no events or changes have occurred that could significantly modify the Group’s financial structure.
This financial release is available on our website www.dior-finance.com.

“This document may contain certain forward looking statements which are based on estimations and forecasts. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in Christian Dior’s Annual Report which is available on the website (www.dior-finance.com). These forward looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward looking statements only reflect Christian Dior’s views as of the date of this document, and Christian Dior does not undertake to revise or update these forward looking statements. The forward looking statements should be used with caution and circumspection and in no event can Christian Dior and its Management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in Christian Dior or an invitation or inducement to engage in any other investment activities.”

APPENDIX

Christian Dior – Revenue by business group and by quarter

As table totals are calculated based on unrounded figures, there may be slight discrepancies between these totals and the sum of their component figures.

This document is a free translation into English of the original French financial release dated October 15, 2024. It is not a binding document.
In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text.

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• Christian Dior - Ventes T3 2024_VA